DIFC’s Accelerator Program has received tremendous response from companies around the world as the emirate has become a magnet for the Metaverse.
File.Photo: Associated Press
Ten companies have graduated as part of the Dubai International Financial Center (DIFC) Metaverse Accelerator Program. The program will shape the UAE and global metaverse industry.
Launched in February 2023, DIFC Innovation Hub CEO Mohammad Al Brusi said the program has received a tremendous response from various start-ups in different sectors around the world. Ta.
He added that 64 startups are in the UAE, 18 in the UK, 15 in the US, 12 in India and five in France.
The Metaverse Accelerator Program is designed to attract leading startups from around the world to work on the next step in blockchain technology, the Metaverse. It is also consistent with the UAE’s strategy to become a world leader as a metaverse economy, outlining the future of the region and the world.
Companies that have successfully graduated from this program include Artichoke Labs, Cognitive Technologies, GoPal, Daoversal, DoDocs, Duverse, Flan, Intelligent Assist, Evometa and ShopDoc.
Artichoke Labs works in augmented reality and creates city-scale applications based on its own 3D map pipeline and Visual Positioning System (VPS).
Another startup, Daoversal, offers a virtual world where creators and players can build, own and monetize social gaming experiences on blockchain.
Intelligent Assist aims to revolutionize the healthcare environment by providing clinicians with relevant, data-driven insights just-in-time.
Evometa helps developers and hotels sell their properties online by creating quality digital products on the web and in virtual reality.
Originating in India, ShopDoc is building the largest platform for smart clinics, run almost entirely by female micro-entrepreneurs.
“Dubai is an attractive city to attract the Metaverse and the world is watching what is happening in Dubai regarding its growth. The Metaverse is an evolving space and is still in its early stages. is in its early stages and people are just getting started,” said Al-Baroosi.